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Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

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Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

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Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

2

When SpaceX starts trading, some 'shareholders' will discover they own nothing at all

3

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer
RetailAmazon

Here’s How Much Cheaper Whole Foods Groceries Are Today

Alana Abramson
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Alana Abramson
Alana Abramson
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Alana Abramson
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Alana Abramson
Alana Abramson
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August 28, 2017, 10:12 AM ET

Consumers on Monday began to feel the impact of Amazon’s $13.7 billion Whole Food acquisition, as prices on several of the grocer’s goods were lowered following the deal’s official close.

“We’re determined to make healthy and organic food affordable for everyone. Everybody should be able to eat Whole Foods Market quality – we will lower prices without compromising Whole Foods Market’s long-held commitment to the highest standards,” Jeff Wilke, CEO of Amazon Worldwide Consumer, said in a statement Thursday.

Wilke said that Amazon would lower prices Monday on foods including organic apples, avocados, bananas, eggs, and kale, as well as certain forms of salmon and beef.

Amazon’s press release did not say exactly how much the prices would be lowered. But according to Bloomberg, the price of a rotisserie chicken at a Manhattan Whole Foods Monday fell by $4, organic avocados by 80 cents, and organic apples by $1.50 per pound.

“This is just the beginning ,” said Wilke. “We will make Amazon Prime the customer rewards program at Whole Foods Market and continuously lower prices as we invent together. There is significant work and opportunity ahead, and we’re thrilled to get started.”

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Alana Abramson
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